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Stock impact report

Why Poet Technologies Stock Got Torched on Tuesday [Globe and Mail, The (Toronto, Canada)]

POET Technologies Inc. - Common Shares (POET) 
It also wrote that the company has spent significant amounts of capital on questionable promotional activities. Investors weren't liking what they saw with opto-electronics component specialist Poet Technologies (NASDAQ: POET) stock on the second trading day of the week. A highly critical, scathing report from a short-seller firm dampened sentiment on the company to the point where its shares closed the day 8% lower. Harsh allegations That morning, Wolfpack Research divulged a short position in Poet, and wasn't shy to enumerate the reasons why. In a note published on its website, the firm digested these in a headline bluntly titled "We Believe Poet Is a[n] Obvious Stock Promote, Has Created an IRS NightMare: U.S. Holders Have Until April 15 to Act." Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image so Show less Read more
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